Coal India’s marginal net profit growth in Q1
August 13th, 2012 - 8:49 pm ICT by IANS
New Delhi, Aug 13 (IANS) State miner Coal India Limited (CIL) Monday declared a marginal net profit growth with a stand-alone net profit of Rs.45,765.70 million for the quarter ended ... Read more...
Posted in Business |
Birla Corp Q1 net down 24 percent
July 28th, 2012 - 10:32 pm ICT by IANS
Kolkata, July 28 (IANS) Birla Corporation, the flagship company of the M.P. Birla group, Saturday announced a 24.26 percent slide in its net profit to Rs.84.74 crore for the quarter ... Read more...
Posted in Business |
Wipro projects flat IT growth in second quarter
July 24th, 2012 - 11:18 am ICT by IANS
Bangalore, July 24 (IANS) Wipro Ltd Tuesday projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth ... Read more...
Posted in Sci-Tech |
Wipro net up 18 percent in first quarter
July 24th, 2012 - 11:05 am ICT by IANS
Bangalore, July 24 (IANS) Wipro Ltd posted a net profit of Rs.1,580 crore (Rs.15.80 billion) for the first quarter (April-June) of this fiscal (2012-13), registering 18 percent year-on-year (YoY) growth ... Read more...
Posted in Sci-Tech |
India’s import of precious metals down 37 percent in Q1
July 17th, 2012 - 9:46 pm ICT by IANS
Kolkata, July 17 (IANS) India's import of precious metals in the quarter ended June 30, 2012 registered a 37 percent decline in rupee terms, compared with the like period a ... Read more...
Posted in Business |
Infosys cuts hiring in first quarter
July 12th, 2012 - 1:51 pm ICT by IANS
Bangalore, July 12 (IANS) In a reversal of trend, Infosys Ltd. hired less employees in first quarter (June-April) of 2012-13 fiscal than in the fourth quarter (January-March) of the last ... Read more...
Posted in Business |
infosys revenue guidance dips on negative growth (Lead)
July 12th, 2012 - 1:09 pm ICT by IANS
Bangalore, July 12 (IANS) For the first time in many years, India's IT bellwether Infosys Ltd. has lowered its annual revenue guidance in dollar terms on negative growth sequentially during ... Read more...
Posted in Business |
Infosys net up 33 percent in first quarter
July 12th, 2012 - 11:15 am ICT by IANS
Bangalore, July 12 (IANS) Infosys Technologies Ltd Thursday reported a net profit of Rs.2,289 crore (Rs.22.89 billion) for first quarter (April-June) of this fiscal (2012-13), registering a 33 percent year-on-year ... Read more...
Posted in Sci-Tech |
Rourkela steel plant records best production in Q1
July 2nd, 2012 - 9:02 pm ICT by IANS
Bhubaneswar, July 2 (IANS) Rourkela Steel Plant (RSP), a unit of the state-run Steel Authority of India Limited (SAIL), has scored it's best production performance in key areas in the ... Read more...
Posted in Business |
L&T; bags orders worth Rs.1,076 crore in Q1 of 2012-13
June 15th, 2012 - 6:51 pm ICT by IANS
Mumbai, June 15 (IANS) Engineering and construction major Larsen and Toubro (L&T;) Friday said it has bagged new orders worth Rs.1,076 crore across various businesses during the first quarter of ... Read more...
Posted in Business |
Inflation affected PC sales in Q1 of 2012 in India: Gartner
May 25th, 2012 - 8:28 pm ICT by IANS
New Delhi, May 25 (IANS) High inflation and increased prices during the first quarter of 2012 affected sale of personal computers in India, research firm Gartner Inc said Friday."Consumer buying ... Read more...
Posted in Business |
Emirates Islamic Bank profits up
May 2nd, 2012 - 1:04 am ICT by IANS
Dubai, May 1 (IANS/WAM) The Emirates Islamic Bank announced Tuesday that its operating profits rose to 138 million dirhams (about $16 million) at the close of the first quarter of ... Read more...
Posted in Business |
Bata’s Q1 net slips 67 percent
April 26th, 2012 - 10:44 pm ICT by IANS
Kolkata, April 26 (IANS) Bata India, the country's leading footwear manufacturer, Thursday reported a 67 percent slide in its net profit to Rs.36 crore for the quarter ending March 31, ... Read more...
Posted in Business |
Hyundai Motor posts $2 bn operating profit in Q1
April 26th, 2012 - 2:01 pm ICT by IANS
Seoul, April 26 (IANS) Hyundai Motor, South Korea's No.1 automaker, posted 2.28 trillion won ($2 billion) in operating profit for the first quarter, a regulatory filing showed Thursday.Consolidated operating profit, ... Read more...
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South Korea’s GDP grew 0.9 percent in Q1
April 26th, 2012 - 1:42 pm ICT by IANS
Seoul, April 26 (IANS) South Korea's gross domestic product (GDP) grew 0.9 percent in the first quarter from three months earlier, the central bank said Thursday.Real GDP, the broadest measure ... Read more...
Posted in Business |
China’s urban unemployment rate at 4.1 percent in Q1
April 25th, 2012 - 4:03 pm ICT by IANS
Beijing, April 25 (IANS) China's urban registered unemployment rate stood at 4.1 percent in the first quarter of this year, authorities said Wednesday.The rate remained unchanged from the last quarter ... Read more...
Posted in Business |
Infosys lowers guidance for fiscal 2013 (Lead)
April 13th, 2012 - 2:00 pm ICT by IANS
Bangalore, April 13 (IANS) India's second largest IT bellwether Infosys Ltd Friday projected a lower guidance of 15 percent growth year-on-year (YoY) for the new fiscal 2012-13 (FY 2013) on ... Read more...
Posted in Business |
China’s Q1 GDP growth slows
April 13th, 2012 - 1:25 pm ICT by IANS
Beijing, April 13 (IANS) China's economy expanded 8.1 percent year-on-year in the first quarter of 2012, slowing from 8.9 percent in the fourth quarter of last year, the National Bureau ... Read more...
Posted in Business |
Infosys projects 21 percent revenue growth
April 13th, 2012 - 11:32 am ICT by IANS
Bangalore, April 13 (IANS) India's IT giant Infosys Ltd Friday projected 21 percent year-on-year (YoY) consolidated revenue growth in first quarter (April-June) of new fiscal (2012-13) to Rs.9,056 crore (Rs.90.56 ... Read more...
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Bajaj Auto’s Q2 net profit up six percent
October 20th, 2011 - 7:43 pm ICT by IANS
New Delhi, Oct 20 (IANS) Two and three wheeler major Bajaj Auto Thursday reported an increase of six percent in its net profit for the second quarter of the current ... Read more...
Posted in Business |
Growth to dip below 8 percent after slow first quarter: Industry
August 30th, 2011 - 4:28 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Indian economy is expected to grow at a lower rate than projected by the government in the current fiscal, industry lobbies said Tuesday, ... Read more...
Posted in Business |
Haldia Petrochemicals talking to RIL for market segregation
August 19th, 2011 - 7:44 pm ICT by IANS
Kolkata, Aug 19 (IANS) Haldia Petrochemicals Ltd (HPL) is trying to enhance its focus on the eastern market along with widening its product range by including low-density polyethylene (LDPE), said ... Read more...
Posted in Business |
Air travel service tax for Q1 at Rs.231.5 crore
August 10th, 2011 - 7:14 pm ICT by IANS
New Delhi, Aug 10 (IANS) A total of Rs.231.5 crore was collected as service tax from passengers travelling on airlines, including travel agents, in the first quarter of the current ... Read more...
Posted in Business |
India faced 6.6 pc power shortage in Q1: Shinde
August 5th, 2011 - 7:46 pm ICT by IANS
New Delhi, Aug 5 (IANS) The country faced 6.6 percent deficit in power supply during the first quarter of the current fiscal, Power Minister Sushil Kumar Shinde said Friday."From ... Read more...
Posted in Business |
Bata India’s Q1 net up 58 percent
July 28th, 2011 - 10:04 pm ICT by IANS
New Delhi, July 28 (IANS) Footwear major Bata India Thursday reported an increase of 58 percent in its net profit for the first quarter of the current fiscal at Rs.40.99 ... Read more...
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Jet Airway’s posts Rs.123.2 crore net loss in Q1
July 22nd, 2011 - 9:40 pm ICT by IANS
New Delhi, July 22 (IANS) Private carrier Jet Airways Friday reported a net loss of Rs.123.2 crore in the first quarter of the current fiscal."Loss after tax INR ... Read more...
Posted in Business |
Wage hike dips Wipro net, projects flat growth
July 20th, 2011 - 3:20 pm ICT by IANS
Bangalore, July 20 (IANS) Wage hikes and a higher tax rate impacted IT bellwether Wipro Ltd's net profit in the first quarter (April-June) of this fiscal (2011-12), resulting in 2.9 ... Read more...
Posted in Sci-Tech |
Wipro projects marginal growth in second quarter
July 20th, 2011 - 11:25 am ICT by IANS
Bangalore, July 20 (IANS) Global software major Wipro Ltd Wednesday projected an average revenue of $1.5 billion for the second quarter (July-September) of this fiscal (2011-12).It is sequentially marginal to ... Read more...
Posted in Business |
Ashok Leyland’s net profit down 29.67 percent in Q1
July 19th, 2011 - 5:01 pm ICT by IANS
New Delhi, July 19 (IANS) Indian automobile major Ashok Leyland Tuesday reported a 29.67 percent fall in its net profit in the first quarter of the current fiscal - down ... Read more...
Posted in Business |
TEECL net profit up 24 percent in Q1
July 18th, 2011 - 6:51 pm ICT by IANS
Kolkata, July 18 (IANS) Techno Electric and Engineering Company Ltd (TEECL), a leading engineering, procurement and construction (EPC) company focused on the power sector, Monday reported a net profit of ... Read more...
Posted in Business |
Pranab to interact with SBI board on finances
July 14th, 2011 - 6:51 pm ICT by IANS
Kolkata, July 14 (IANS) Union Finance Minister Pranab Mukherjee will interact with the State Bank of India (SBI) board Aug 6 to understand what kind of financial support the ... Read more...
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Infosys net profit up 16 percent in first quarter
July 12th, 2011 - 11:34 am ICT by IANS
Mysore (Karnataka), July 12 (IANS) Infosys Ltd posted net profit of Rs.1,722 crore (Rs.17.22 billion) for the first quarter (April-June) of this fiscal (2011-12), registering 16 percent year-on-year (YoY) growth.In ... Read more...
Posted in Business |
Direct tax collection in Q1 up 24 percent
July 7th, 2011 - 10:59 pm ICT by IANS
New Delhi, July 7 (IANS) The country's direct tax collection has increased almost 24 percent in the first quarter of the current fiscal year and stood at Rs.104,136 crore as ... Read more...
Posted in Business |
Real estate prices soar in Delhi
June 8th, 2011 - 7:14 pm ICT by IANS
New Delhi, June 8 (IANS) Real estate prices in some localities of the national capital skyrocketed by 20 to 27 percent in the first quarter of the current fiscal as ... Read more...
Posted in Business |
Wipro net up for quarter, fiscal; sees flat IT growth (Lead)
April 27th, 2011 - 1:50 pm ICT by IANS
Bangalore, April 27 (IANS) Like its peers, Indian software major Wipro posted double- digit growth in net profit and revenue in the fourth quarter and fiscal 2010-11 but projected flat ... Read more...
Posted in Sci-Tech |